The Altamira High-Interest CashPerformer® account is a savings account* where the interest is calculated daily on the account balance. Interest is paid monthly on the last day of the month and when the investment is refunded. The invested amounts are available at any time after giving 1 business day notice. The principal and interest in the Altamira High-Interest CashPerformer® accounts (Canadian dollar accounts only) are covered by the deposit insurance offered by the Canada Deposit Insurance Corporation (CDIC). The maximum insurable amount is $100,000.
* The Altamira High-Interest CashPerformer® is offered by National Bank of Canada through National Bank Securities Inc. (NBS), an indirect wholly-owned subsidiary of the Bank, and distributed by NBS. National Bank of Canada is a member of the Canada Deposit Insurance Corporation (CDIC). CA$ CashPerformer accounts are eligible for CDIC insurance, subject to CDIC rules and regulations.